My client's company is getting in to the business of Packaged Software Products in India. The company will be procuring a packaged software from USA. For sake of clarity, by packaged software I mean a product like Tally that is bought by end users off-the-shelf, without any customization. This software will be sold via distributors / resellers both offline and online.
What is the total customs duty that my clients needs to pay at the port of entry ?
Is it 29.28 % ? Kindly provide a detailed breakup of this.
CAclubindia
